Ahmedabad, July 21 (IANS) Adani Energy Solutions Limited on Tuesday reported a sharp rise in its first-quarter earnings (Q1 FY27), with consolidated net profit more than doubling on the back of strong growth in revenue from its transmission business.The company reported a consolidated net profit of Rs 1,149 crore for the quarter ended June 30, compared with Rs 513 crore in the corresponding quarter of the previous financial year, according to its stock exchange filing.Consolidated revenue from o…
Latest smart metering News & Updates
Ahmedabad, June 9 (IANS) India’s leading energy solutions provider, Adani Energy Solutions Limited (AESL), on Tuesday announced that it has signed a binding securities purchase and subscription agreement (SPSA) to acquire a 100 per cent stake in smart metering company IntelliSmart Infrastructure Private Limited in a transaction valued at Rs 3,050 crore.The proposed acquisition will strengthen AESL’s position in the smart metering segment and take its total smart meter portfolio to more than 4….
Bengaluru, May 25 (IANS) The Bangalore Water Supply and Sewerage Board (BWSSB) is set to host India’s first and largest National AI & Digital Water Summit 2026 in Bengaluru on May 27, bringing together global experts, policymakers, technology leaders, startups, and urban planners to deliberate on the future of intelligent urban water management. The summit comes at a time when cities across the world are facing growing challenges arising from climate change, rapid urbanisation, groundwater…
Mumbai, Feb 5 (IANS) Shares of Adani Energy Solutions Ltd (AESL) rose as much as 2.5 per cent to Rs 1,013 apiece on Thursday despite weakness in broader markets after Morgan Stanley initiated coverage on the stock.The foreign brokerage gave an ‘overweight’ rating with a price target of Rs 1,133 — implying 16 per cent upside from yesterday’s closing price.The brokerage views AESL as a key beneficiary of India’s long-term power grid expansion, highlighting over Rs 10 trillion of expected …
Ahmedabad, Jan 13 (IANS) Adani Energy Solutions Limited (AESL) on Tuesday announced its operational highlights in the third quarter (Q3 FY26), in which the Adani Group company secured a major transmission project worth around Rs 18,000 crore, apart from further expanding its transmission network.The order, named the KPS III (Khavda South Olpad) HVDC project, will enable the evacuation of 2,500 MW of renewable energy from the Khavda Renewable Energy Park in Gujarat’s Kutch district to Olpad nea…